Azad Engineering Ltd. Stock Analysis AZAD.NS

Azad Engineering Ltd. Engages in manufacturing engineered precision forged and machined components. The company is headquartered in Hyderabad, Telangana and currently employs 1,441 full-time employees. The company went IPO on 2023-12-28. The firm is engaged in manufacturing product lines in the aerospace and defense, energy and oil and gas industries, highly engineered, complex and mission and life-critical components. The Company’s products include three dimensional (3D) rotating air foil portions of turbine engines and other critical products for defense and civil aircrafts, spaceships, defense missiles, nuclear power, hydrogen, gas power, oil, and thermal power. The Company’s segments include Aerospace, Defense, Oil & Gas, and Energy. In Defense segment the Company manufactures industrial aerospace standard fluid distribution parts, integrated into the aircraft hydraulic systems which spans from nose to tail and left to right ends of the wing of an airplane, for the functioning of all the synchronized hydro pneumatic system. The Oil & Gas segment includes exploration, extraction, refining, and distribution of fossil fuels, primarily oil and natural gas.